Quote from: adesouki on July 12, 2018, 12:12:00 PM

I am confused on the mining profitability, I started mining back in January and I was making 6-7 dollars a day now I hardly touch the $2 mark.
Currently I am mining on a single 1080TI to test things out before I go out and buy a mining rig.
I don't understand the sudden drop in the reward, is it because of difficulty or the mining reward is slashed to half (as I understand this should happen every 4 years, and for a specific coin only).
Also I am wondering why does the price drop of bitcoin effects all the cryptocurrencies mining reward?

Are you Mining a Bitcoin? Please be remind that Bitcoin Block reward is being half every 4 years since it starts the genesis block on year 2008
with initial reward of 50 BTC per block and the difficulty is very very low.

2008 - 2012 Nov ; 50 BTC every 10 mins
2012 - 2016 ; 25 BTC every 10 mins
2016 - 2020 ; 12.5 BTC every 10 mins
2020 - 2024 ; 6.25 BTC every 10 mins
2024 - 2030 ; 3.125 BTC every 10 mins
2030 - 2034 ; 1.56 BTC every 10 mins

As per Mining Difficulty, As long the miners increased the difficulty of the coins also increase thats why you choose wisely the coin you mining to take a full profit